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Republicans Eye $30,000 SALT Cap in Tax Package Negotiations
House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike Johnson acknowledges ongoing discussions while representatives from high-tax ...
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House GOP Proposes Making Trump-Era Tax Cuts Permanent
The Tax Cuts and Jobs Act, signed into law by former President Donald Trump in December 2017, represented the most ...
SALT deduction cap boosted to $40,000 — here’s who stands to get the biggest tax break
The new tax law hiked the SALT deduction cap to $40,000. That’s good news for taxpayers in high tax states, but it’s a ...
Battle over SALT exposes that a GOP trifecta doesn’t mean party unity
State and local taxes were a major focal point of the reconciliation negotiations, exposing that Republicans' troubles didn't ...
Trump tax and spending bill passes with Senate's generous SALT changes. Why this matters.
Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...
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Republicans report progress, but no deal on critical SALT issue
It’s crunch time for negotiations over the state and local tax (SALT) deduction cap. After a high-stakes meeting with Treasury Department Secretary Scott Bessent on Wednesday, House Republicans in the ...
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The fight over a SALT tax cap deal that would help Californians hits a ...
The $10,000 cap on SALT deductions was levied in 2017 as part of the Tax Cuts and Jobs Act spearheaded by the first Trump administration. The cap is set to expire at the end of the year.